CC asked 2 months ago
Kimly main business is in coffeeshop business and they have integrated vertical business model. It had been psying dividend since inception in 2017 and has minimal debt. For the last 1 year its stock price has been rising. My asseessmet is that this is a resilient defensive stock, and suitable for dividend investment. Hoeever based on your 8-point stock assessment, it fails on market cap as it is less than 500m. Howevrr given their large cash reserve,  would it still be a safe stock in terms of dividend? 
2 Answers
Rusmin Ang Staff answered 2 months ago

Hi CC

Their business looks resilient. Just that one needs to be comfortable with this headline in the past...

https://www.police.gov.sg/media-hub/news/2021/20211112_two_dirs_of_kimly_ltd_and_the_former_ceo_of_pokka_int_pte_ltd_charged_for_offences

Rusmin Ang Staff replied 2 months ago

Integrity issue is a risk. They may do it again in the future…

CC answered 2 months ago

Is the risk for catalist-listed company hogher than main board listed?

Rusmin Ang Staff replied 2 months ago

Yep. They are a lot smaller and less liquid.